Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

12) Which of the following statements is true about a company? a)All of the options b)The laws regards the company as an artificial legal person

12) Which of the following statements is true about a company?

a)All of the options

b)The laws regards the company as an artificial legal person

c)The shareholders decide whether the company should have the legal power to enter into contracts

d)The directors of the company decide whether the company should have the legal power to sue or be sued.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Financial Accounting chapters 1-17

Authors: John Wild, Ken Shaw, Barbara Chiappetta

23rd edition

1259687740, 1259687747, 978-1259687747

More Books

Students also viewed these Accounting questions